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Property profile & analytics
FOR SALE
Commercial real estate
332 Water St Belvidere, NJ 07823
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0777059
For Sale
1 / 23
$640,000
332 Water St, Belvidere, NJ 07823
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1868
Construction
BRICK
Total area
2,818 SF
Lot
0.22 ac (9,448 SF)
Zoning code
B
APN
03 00011-0000-00016
UPID
US59-0777059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
George D Kumetz · 4 yrs held
George D Kumetz
since 2022
Last sale
$330,000
7 recorded transactions
Zoning & alternative use
B · Belvidere, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Belvidere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belvidere submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,698
Tax year 2022
Assessed value
$300,000
Assessed 2023
Previous assessed
$300,000
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$120,000
Assessed improvement
$180,000
Land market value
$120,000
Improvement market value
$180,000
Total market value
$300,000
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1868
Construction
BRICK
Heating
NONE
Stories
2
Units
3
Total area
2,818 SF
Lot
0.22 ac (9,448 SF)
Zoning code
B
APN
03 00011-0000-00016
UPID
US59-0777059
Jurisdiction
WARREN
Zoning & alternative use
B · Belvidere, NJ
Zoning B · permitted uses
B · Belvidere, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belvidere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1868
Construction
BRICK
Heating
NONE
Stories
2
Units
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
George D Kumetz
Individual
Mailing address
334TH WATER ST, BELVIDERE, NJ 07823-1219
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
George D Kumetz
—
Deed
related
$280,500 · Ascendia Bank
Feb 3, 2022
$330,000
George D Kumetz
334 Water Associates LLC
Deed
$280,500 · Ascendia Bank
Sep 17, 2020
—
334 Water Associates LLC
332 Water Street Assocs Ll
Grant Deed
related
—
Oct 1, 2018
—
332 Water Street Assocs LLC
—
Deed
related
$245,000 · Vision Fin'l Svcs
Feb 23, 2017
—
332 Water Street Assocs LLC
—
Trustees Deed
related
$250,000 · Capital Stack Fund
Mar 22, 2016
$117,500
332 Water Street Associates Ll
Sheriff Of Warren County|hollan,james
Trustees Deed
—
Dec 22, 2006
$166,000
Jem Property Holdings LLC
Burachynski,andrew P & Roxie J
Grant Deed
$124,500 · Millington Savings Bank
—
—
332 Water Street Assocs LLC
—
Deed Of Trust
related
$245,000 · Vision Fin'l Svcs
—
—
Andrew B Burachynski
—
Deed Of Trust
related
$77,000 · Gmac Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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